daytrading may 16 pre-market, page-2

  1. 8,673 Posts.
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    Good to see you reporting some GOOD NEWS in your report HLL.Just to highlight that it isn't all that bad, here are some GOOD reports from last night:-

    Home Builder Morale Boost Goes Beyond Winter Rally


    Home builder morale rose to a five-year high in May and is better than it was during the mild winter months, suggesting the recent rally isn't just a weather-related anomaly.

    The National Association of Home Builders sentiment index climbed to 29 from 24 in April. Readings for current conditions, the six-month outlook and traffic also rose, nearing or besting winter highs.

    In intraday trading, Lennar (LEN), D.R. Horton (DHI) and KB Home (KBH) were each up more than 4%. PulteGroup (PHM) and Toll Brothers (TOL) advanced more than 2%.

    Read more here:
    http://news.investors.com/article/611474/201205151326/home-builder-stocks-up-as-sentiment-improves.htm


    AND THIS GREAT NEWS

    German prelim first-quarter GDP unexpectedly strong

    (Reuters) - German gross domestic product grew a surprise 0.5 percent in the first quarter in seasonally adjusted terms - well ahead of a consensus forecast, as exports helped the economy bounce back from contraction of 0.2 percent in the fourth quarter.

    Preliminary data from the statistics office released on Tuesday also showed that growth compared to the same quarter a year earlier accelerated to 1.7 percent from 1.5 percent in the fourth quarter, giving hope to the ailing euro zone that Germany can remain a motor for growth.

    The office said exports above all drove growth and domestic consumption also gained pace


    http://www.reuters.com/article/2012/05/15/us-germany-gdp-view-idUSBRE84E09M20120515


    It's not all that bad!


 
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